I started handful of years ago of taking profitable stock systems I developed and when signal happens to buy or sell some stock, buy weekly options OTM but exit next day or two, often times opens will gap and make extra percentages. I totally agree with NOT sharing the "how to" be tougher to get my entry prices and we really don't know who reads all these posts. So many people who can't trade think we should open up more so they don't have to spend a decade refining. It not so much of spending the time to make viable methods, it is what we lose on doing so where other people spending time with their families, going on vacations, dating, having fun, others are missing all of this.
Exactly. Like you, I too have put in a bunch of work. Would hate to see it go to waste. Very true!! Sacrificed a lot to come up with something that works. Hope the best on your continued success!
C options ran a bit to .68 but was looking for more. Ended up stopping out for a loss @ .54 and .51 on 3/5 of the position. The rest is just above B/E. If the options get above .75 tomorrow it'll give me a bit more conviction. Holding onto EUR/JPY added more @ 117.76. Looking for a move to ~118.
Looks like the trade deal may fall through. Closed out of the C options @1.62. Eur/Jpy took some off at 117.83 last night and stopped the rest @ B/E.
BA may gap up tomorrow. The options are weak. Bought a few calls to make it more of a strangle. Theta is a killer on this.
Just as i'm typing....... Right on schedule. Something's up here. Banks are weak too China will fare better on the trade negotiations if the markets are in free fall. Probably a good time to short everything while they talk it down.
Off by a week on BA. Someone knew this was coming. Was being sold off in an usual fashion. Unfortunately, the premium was pricey on the options.
BYND. Log chart offering a big level of support here. Long some 86 calls. Now that the insiders dumped (restrictions came off) I think this may finally catch a decent bid. Never tried the burgers.